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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create a construction budget, anticipate the costs for a project and track them to make sure you’re not overspending? Let’s take a look at what goes into making a construction budget.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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Estimating Agile Projects.Or Not

Leading Answers

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget.

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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

By the way, the answer to that question is: “Yes, let me analyze what the impact will be and bring you a recommendation for what that means for our current budget and timeline.”). Scope creep is the more common term but you might hear both, especially if you are working in software development. What’s so bad about scope creep anyway?

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How to Write a Business Case (Template Included)

ProjectManager.com

Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value. Think of the business case as a document that is created during the project initiation phase but will be used as a reference throughout the project life cycle.

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Project Evaluation Process: Definition, Methods & Steps

ProjectManager.com

Everything starts with careful planning, which sets the stage for the execution phase where estimations, plans and schedules guide the project team as they complete tasks and deliverables. Our real-time dashboard allows you to keep track of costs, tasks, budgets and create reports in minutes. Get started for free.

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